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Share Views: HUM CEO updates on Yanfolila and Dugbe Gold Projects. Watch here

Share Views Ep. 19
HUM CEO updates on Yanfolila and Dugbe Gold Projects.


Pires Inv Share Chat (PIRI)



Share Price: 3.125Bid: 3.00Ask: 3.25Change: 0.25 (+8.70%)Riser - Pires Inv
Spread: 0.25Spread as %: 8.33%Open: 2.875High: 3.125Low: 2.875Yesterday’s Close: 2.875


Share Discussion for Pires Inv


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SLIPERSHARE
Posts: 21
Off Topic
Opinion:No Opinion
Price:3.125
RE: Offer for PIRI?
Today 14:25
Since both of them are vehicles for Peterhouse and both are headed up by frontmen.....what about Peterhouse using PIRI to bring NEW back to the market and instantly letting PRS get its lost £250k back? They'd be doing their mate Colin Bird and TIR a favour too. Course they'd need permission from the owners of NEW's $4.8m first but from what I hear that shouldn't be to difficult to get.
 
Alexios
Posts: 8,511
Off Topic
Opinion:No Opinion
Price:3.125
29% it is >30%
Today 14:20
Yes it is 29%, but can get the waiver.

Whitewash” waivers under Rule 9

Under the Takeover Code, a shareholder (together with its concert parties) who acquires an interest in 30% or more of the target's securities (or increases such interest between 30% and 50%) would ordinarily be required to make a mandatory bid for the target. However, a Rule 9 whitewash (under which shareholder approval is given to the proposed acquisition of shares) may be sought which obviates the need for a mandatory bid. The Panel is proposing that the circular to shareholders seeking approval should specifically note that the potential new controller will not be restricted from making an offer for the target company following approval of the Rule 9 whitewash (unless it has entered into a standstill agreement with the company or has made a statement that it does not intend to make an offer, in which case full details of the agreement or statement should be disclosed).

- See more at: http://www.fieldfisher.com/publications/2014/09/proposed-changes-to-the-takeover-code#sthash.byhSkuD1.dpuf
BlueVeiner
Posts: 221
Question
Opinion:Hold
Price:3.125
Offer for PIRI?
Today 14:02
Could anyone confirm what the limit is that a SH can hold before making a mandatory bid? Is it 29pc?

Bid before Christmas for PIRI from Paternoster????
eegbvi
Posts: 6,338
Off Topic
Opinion:No Opinion
Price:3.125
SP
Today 11:52
Strange market today. MMs hiked the bid
price so someone wants to buy, and so far
MMs haven't dragged out too many sellers
probably due to the 4.25p attached warrants
that run to 2018. Be interesting to see what
happens over the next few days.
Ant1986
Posts: 3,461
Premium Chat Member
Off Topic
Opinion:No Opinion
Price:3.125
RE: ant blue
Today 11:36
Enlighten us.
ArthurPortfolio
Posts: 2,330
Premium Chat Member
Off Topic
Opinion:No Opinion
Price:3.125
ant blue
Today 11:33
LOL- do you even understand the major shareholders current position here?

think its called DYOR, which I have.

laterz
Ant1986
Posts: 3,461
Premium Chat Member
Off Topic
Opinion:No Opinion
Price:3.125
RE: ant
Today 11:32
Terrible come back. Truly, terrible.

What are you going on about, it's evident sells are going through as the placing gets flipped onto retail investors. That's the game.

It's "you're", not "your".
BlueVeiner
Posts: 221
Off Topic
Opinion:Hold
Price:3.125
View Thread (2)
Arthur
Today 11:22
Arthur - Do yourself and this BB a favour. Go get a job.

Or if you can't, try volunteer work, maybe serving Meals on Wheels, that might keep you busy, and give you people to listen to you....
ArthurPortfolio
Posts: 2,330
Premium Chat Member
Off Topic
Opinion:No Opinion
Price:3.125
ant
Today 11:07
thought your teacher might be there to read it to you.

clearly you need to dyor as if you don't know the workings here, your on the wrong side of the trade

btw- see the sells on the bid? maybe get a better trading platform while your at it
ScalpTrader10
Posts: 14,920
Premium Chat Member
Off Topic
Opinion:Strong Buy
Price:3.125
View Thread (3)
Blue today
Today 11:00
The facts are simple...PIRI has a nice wedge of cash and they have a deal lined up. If its fantastic then quite simply this multibags from here considerably... If its not then it doesn't multibag. You pays your money and you take your chance. This is what AIM is all about. PIRI at 3p is certainly not a sell.




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